Fact sheet: Pru Japan Equity Passive Pn

Fund information
Fund name
Pru Japan Equity Passive Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund manager
  • Richard O'Connorsince 30/06/2005
Underlying fund
M&G PP Japan Passive Pn
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Passive Fund. That fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.
Benchmark
  • FTSE Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20.8%
1 Year rank in sector
130/188
Sector
PN Japan
Yield
-
Fund size
£7m (£5m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
129
Offer price
214.7
Top in this sector
Fund name1 Year
OMW InvescoPerpetaulJpnSlCos45.7%
SIP Inv Prp Jpnse Sm Cos Pn45.5%
Zurich Inv PerpJapnseSmCosPn43.4%
L&G Legg MasonIFJapanEqPn38.5%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan100%
  • Consumer Goods25.4%
    Industrials20.9%
    Financials15.1%
    Consumer Services11.4%
    Health Care7.9%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5%6.6%21.6%20.8%44.1%88.5%
Sector-4.2%6.9%22%22.1%42.3%88%
Rank within sector128 / 194101 / 191100 / 191130 / 18885 / 17981 / 167
Quartile3rd3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund19.9%17.9%2.2%26.1%3.2%
Sector21.2%15.7%1.5%26.2%4%
Rank within sector132 / 18828 / 18680 / 17963 / 176111 / 167
Quartile3rd1st2nd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.88
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.98
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.87
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.78
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.25
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.18
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high226
52 week low149
Current bid price-
Current offer price214.7
Current mid price-
Region
1Japan100%
Industry sector
1Consumer Goods25.4%
2Industrials20.9%
3Financials15.1%
4Consumer Services11.4%
5Health Care7.9%
6Basic Materials5.9%
7Telecommunications4.9%
8Technology4.7%
9Utilities2.2%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP5%
2MITSUBISHI CORP2.1%
3KDDI CORP1.8%
4SOFTBANK GROUP CORP1.7%
5HONDA MOTOR CO1.6%
6JAPAN TOBACCO INC1.5%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.4%
8MIZUHO FINANCIAL GROUP1.3%
9SONY CORP1.3%
Management
Fund manager group
Prudential
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the M&G PP Japan Equity Passive Fund. That fund invests in the shares of Japanese companies. The fund is passively managed against its benchmark, the FTSE Japan Index. The fund tracks the index by holding all the larger companies in the index, together with a representative sample of the remainder of the companies in the index.
Benchmark
  • FTSE Japan
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Richard O'Connor30/06/2005Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Japan Equity Passive Pn S3
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price214.7
Mid price-
CurrencyGBX
Price updated30/11/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeP541
Pru Japan Equity Passive Pn S3 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price203.3
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKZ47
Data provided by

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